Bihar Student Credit Card College List
By admin | Last Updated May, 2023
Bihar Student Credit Card College List
A government program called the Bihar Student Credit Card Scheme aims to give Bihar students access to financing for higher education. The Bihar government introduced this program in 2016 as a component of its 7 Nishchay (7 Resolves) program to aid students who want to continue higher education financially.
Under this program, students are eligible to borrow up to Rs. 4 lahks at an annual interest rate of 4%. The loan can be used to cover a range of educational costs, including tuition, textbook costs, and examination fees. Depending on the length of the course, the loan can be paid off over a five to fifteen year period.
Candidates can follow some steps to apply for and benefit from the Student Credit Card Scheme Bihar.
- Students must first visit the official website of at- Bihar credit card College list
- Select the “Approved List of Colleges for BSCC” option.
- There, on a new page, will be the college list.
- Select your district now, and carefully review the list.
Bihar Student Credit Card eligibility criteria
Who is eligible to apply for the Bihar Student Credit Card Scheme?
- Only students who have completed their 12th grade can apply for a Bihar Student Credit Card loan under this program; the applicant must be a permanent resident of Bihar State.
- Bihar must be the source of the student credit card loan.
- The applicant’s age cannot exceed 25 years old.
- The applicant should not be receiving any Bhatta, scholarship, or student loan advantages.
Bihar Student Credit Card Scheme Apply Online
As is well known, the government established the Bihar Student Credit Card Yojana to offer financing for post-secondary education. The state government also determined on various requirements and eligibility for this program. Most of the colleges which come under NAAC and NIRF Ranking come under Bihar Credit Card. Some colleges accept particular courses under this student loan program. Here, we offer a method for submitting an online application for this program.
- Visit the official website at- https://www.7nishchay-yuvaupmission.bihar.gov.in
- On the home page, select the “Register as New” option.
- Fill in your information on the page.
- When you fill out the OTP, an OTP will be sent to the registered mobile number. Once you fill out the form by entering your name, address, mobile number, etc. and click the submit button, three options will appear. Among them, pick the student credit card.
- Now complete the form
- Tap the “Submit” button.
- You will receive both the unique ID and a pdf copy of the submitted form on your mobile device.
List of Courses Available under the Bihar Student Credit Card Yojana
You can apply for the courses listed below through the Bihar Student Credit Card Scheme and get a study loan.
- Diploma in Hotel Management
- BCA, BSc IT, Computer Applications, Computer Science
- BSC Nursing
- BA, BSc, B Com
- Bachelor of Architecture
- BPED
- B.Ed.
- MSc, MTech
- Bachelor of Physiotherapy
- Bachelor of Occupational Therapy
- Diploma in food processing, food production
- Diploma in Food and Viverage Service
- BA, BSc, B.Ed, Integrated Course
- BBA
- BFA
- Diploma in Food, Nutritionist, Dietetics
- MBBS
- BL, LLB
- Aalim
- Shastri
- BUMS
- BHMS
- B.Tech, BE
Pros and Cons of Bihar Student Credit Card Yojana
Pros:
- Financial support: The program offers aid to students who want to pursue higher education. It makes it possible for students from economically disadvantaged groups to access top-notch education and follow their aspirations.
- Low interest rate: Compared to the interest rates offered by commercial financial institutions, the loan supplied under the scheme has a low interest rate of 4% annually.
- Flexible loan repayment: Depending on the length of the course, students may return their loans over a period of 5 to 15 years.
- Collateral is not required: The program makes it simpler for students to get financial aid by not requiring any security or collateral.
Cons:
- Limited loan amount: The scheme only allows for a maximum loan amount of Rs. 4 lakh, which may not be enough for students who want to enroll in expensive courses.
- Limited eligibility: Only Bihar residents who have passed their Class 12 exams are eligible for the program. This might prevent students from other states from attending Bihar’s higher education institutions.
- Limited number of colleges: The number of colleges that accept the Bihar Student Credit Card may be small, which may limit the alternatives available to students when selecting a school or a program.
- Repayment burden: Despite the loan’s flexible repayment schedule, students who are unable to find employment right away after graduation may have a heavy financial load.
Conclusion
A wonderful initiative by the Bihar government, the Bihar Student Credit Card Yojana offers financial support to students from all socioeconomic groups so they can pursue higher education. Many Bihar kids now have access to high-quality education, and the program has made it possible for them to pursue their goals and objectives.
The government’s efforts to guarantee that every student has access to education and the resources they need to succeed are encouraging, even though the list of colleges that accept the Bihar Student Credit Card may change from year to year.
Related FAQs
The following questions & their answers are crucial for all applicants who plan to apply for the program to understand.
1. What is the Bihar Student Credit Card Yojana?
A student benefit program called the Bihar Student Credit Card Yojana gives low-income students access to student loans for post-secondary education.
2. How much credit can a student receive through the Bihar Student Credit Card Scheme?
A study loan from the Bank may be provided under the BSCC plan up to Rs. 4 lakh.
3. Who started Bihar Student Credit Card Yojana?
State of Bihar Government
